[quote=ljinvestor]HLS- Besides agents selling people on investing in property, what else out there currently doesn’t seem right to you?
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Not a subject that you want to get me started on.
It’s not selling people on investing that concerns me, it’s the misinformation that SOME agents provide in an effort to make the sale.
IMHO an agent has no business EVER telling a buyer that a property is cheap OR that it is a good investment. Using phrases like charming, and needs TLC etc are just opinions. Even a view is subjective.
In an effort to make money, surgeons perform surgery, mechanics repair cars, used car salespeople sell used cars and real estate agents sell used houses.
The average net worth/financial knowledge of many agents is horrid, yet many people look to these ‘experts’ for what is probably the largest financial decision of their lives.
I gladly counsel buyers from the financial side with options and information that their agents
are either incapable or unwilling to share.
There are often options that buyers aren’t aware of.
There are many great agents but the majority just seem to have the attitude that it’s always a great time to buy & real estate always goes up.
Simple negotiations that often do not occur can cost or save people many thousands of dollars over time.